March 3 Australian shares are set to fall on
Friday following a downbeat overnight session from Wall Street,
with financials expected to mirror their U.S. peers.
U.S. stocks retreated on Thursday with financials leading
The local share price index futures fell 0.5
percent or 26 points to 5737, a 39.6 point discount to the
underlying S&P/ASX 200 index close. The benchmark index
rose 1.3 percent on Thursday.
New Zealand's benchmark S&P/NZX 50 index rose 0.04
percent in early trade.
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(Reporting by Ambar Warrick; Editing by Robin Pomeroy)